With 0.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $50.0 whereas the lowest price it dropped to was $47.52. The 52-week range on BKE shows that it touched its highest point at $51.62 and its lowest point at $33.18 during that stretch. It currently has a 1-year price target of $52.00. With its current market cap of 2.58 billion, BKE has annualized dividend of $1.40 while the current yield stands at 2.90%. BKE paid its most recent dividend on 1736899200, while the ex-dividend date for that was 1728604800. Beta for the stock currently stands at 1.14.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BKE was up-trending over the past week, with a rise of 0.12%, but this was down by -1.26% over a month. Three-month performance surged to 17.94% while six-month performance rose 26.05%. A look at the trailing 12-month EPS for BKE yields 3.94 with Next year EPS estimates of 3.81. For the next quarter, that number is 1.38. This implies an EPS growth rate of -14.94% for this year and 1.85% for next year. EPS is expected to grow by 3.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.49%.
Float and Shares Shorts:
At present, 50.77 million BKE shares are outstanding with a float of 30.90 million shares on hand for trading. On 2024-10-31, short shares totaled 2.76 million, which was 544.0 higher than short shares on 1727654400. In addition to Mr. Dennis H. Nelson as the firm’s President, CEO & Director, Mr. Thomas B. Heacock serves as its Senior VP of Finance, Treasurer, CFO & Director.
Institutional Ownership:
Through their ownership of 0.60989 of BKE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-03, BKE reported revenue of $293618000.0 and operating income of $54483000.0. The EBITDA in the recently reported quarter was $59993000.0 and diluted EPS was $0.88.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BKE since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BKE analysts setting a high price target of 52.0 and a low target of 52.0, the average target price over the next 12 months is 52.0. Based on these targets, BKE could surge 7.55% to reach the target high and rise by 7.55% to reach the target low. Reaching the average price target will result in a growth of 7.55% from current levels.
Analysts have provided yearly estimates in a range of $4.30526 being high and $4.19642 being low. For BKE, this leads to a yearly average estimate of $4.25084. Based on analyst estimates, the high estimate for the next quarter is $0.74 and the low estimate is $0.74. The average estimate for the next quarter is thus $0.74.
